2017 (9) TMI 1273

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t is in appeal against the impugned order wherein the redemption fine and penalty has been imposed on the appellant. 2. The facts of the case are that the appellant imported a consignment of Chinese Origin Polyester Knitted Fabrics and declared the quantity of the said fabrics as net weight as 18573.8 kgs. On the basis of DRI alert with regard to the valuation of such goods 10% of the goods were ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ellant submits that the issue of valuation has been settled and they have paid differential duty on the excess quantity received by them. These facts are not disputed. He is praying that as the differential duty is Rs. 94000/- approximately, therefore, the redemption fine and penalty were imposed on the appellant are highly excessive and the same are required to be reduced. 4. On the other hand, ....